Tag: months
Day Cycle
What is 'Day Cycle' The time period alloted for the delivery of Automated Clearing House debits and credits from an originator to...
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...
January Effect
What is the January Effect and does it exist
The January effect is a theory that posits that stock prices tend to rise at the...
Johannesburg Interbank Agreed Rate (JIBAR)
What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in...
Last Fiscal Year (LFY)
What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...
Earnings Yield
DefinitionEarnings yield is the quotient of earnings per share divided by the share price. It is the reciprocal of the P/E ratio. Earnings Yield...
War Chest
DefinitionThe Community Chests in the United States and Canada were fund-raising organizations that collected money from local businesses and workers and distributed it to...
U-Shaped Recovery
What is U-shaped recovery
In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe...
JAJO
What is 'JAJO' An acronym that represents the months of January, April, July and October. Many companies that pay dividends announce their...
NAB Business Confidence Index
What is 'NAB Business Confidence Index' A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank....